1372nd Edition: LawNewsIndex is a UK based Law,
Justice, Legislation & Rights related daily news & legal articles
archive brought to you by TheLawMap
FOCUS OF THE DAY: Lowering the professional indemnity insurance (PII) threshold would not necessarily reduce costs and could only have “downside risk”, City lawyers have warned. Responding to Solicitors Regulation Authority suggestions in a July discussion paper that the PII minimum cover of £2m could be reduced to as low as £500,000 in some cases to reduce premiums and promote greater flexibility in the profession, the City of London Law Society (CLLS) expressed concern. Full story - New Law Jounal
FOCUS OF THE DAY: Lowering the professional indemnity insurance (PII) threshold would not necessarily reduce costs and could only have “downside risk”, City lawyers have warned. Responding to Solicitors Regulation Authority suggestions in a July discussion paper that the PII minimum cover of £2m could be reduced to as low as £500,000 in some cases to reduce premiums and promote greater flexibility in the profession, the City of London Law Society (CLLS) expressed concern. Full story - New Law Jounal
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